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    Elon Musk's DOGE Explores Blockchain for Tracking Federal Spending and Enhancing Efficiency

    Elon Musk's DOGE Explores Blockchain for Tracking Federal Spending and Enhancing Efficiency

    61 postsTrump PolicyBlockchainsPoliticsTechCrypto

    Elon Musk's Department of Government Efficiency (DOGE) is exploring the use of blockchain technology to enhance federal operations and reduce spending. The department, established by President Donald Trump, has initiated discussions with representatives from various public blockchains to assess their technology for potential applications in tracking federal spending, securing data, processing payments, and managing federal infrastructure. This move aligns with DOGE's goal to streamline government operations and cut costs, with Musk previously suggesting targets of $1 trillion to $2 trillion in savings.

    Proposed Market

    Will DOGE save $500 billion through blockchain by 2025?

    Will DOGE save $500 billion through blockchain by 2025?

    3
    Donald TrumpMusk

    Description

    Official financial reports from the Department of Government Efficiency

    Market Options

    Yes50%
    No50%